how often does the bsa/aml require mlos to be trained?
According to general practice and standards, BSA/AML requires MLOs to be trained annually.
BSA is the acronym of Bank Secrecy Act
AML is the acronym for Anti-Money Laundering.
MLO is the acronym of Mortgage Loan Officer.
Generally, many examiners expect the FFIEC BSA AML Examination is that MLOs should trained and be tested annually.
However, in a case where the firm does not execute transactions with customers or possess customer accounts, or act as an introducing broker regarding customer accounts, MLOs are expected to be trained and tested every two years.
Hence, in this case, it is concluded that the correct answer is "annually."
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A bank offers a home improvement loan with simple interest at an annual rate of 12%. J. T. Borrows $14,000 over a period of 3 years. How much will he pay back altogether?.
it would be 5,020
add that to 14,000
Which of the following are not traits of entrepreneurs?
I
energy
dishonesty
dedication
dependence
Answer: dishonesty and dependence.
Explanation:
Dishonesty are not traits of entrepreneurs. Entrepreneurs often have a knack for thinking outside the box, generating new ideas, and finding innovative solutions to problems. The answer is OPTION B.
Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort zones to pursue their business ideas.
Passion: Successful entrepreneurs are deeply passionate about their ventures, which fuels their motivation and perseverance.
Vision: Entrepreneurs have a clear vision of their goals and a strong sense of where they want to take their businesses in the long term.
Adaptability: They can quickly adapt to changing circumstances, markets, and trends, allowing them to stay relevant and competitive.
Persistence: Entrepreneurs demonstrate resilience in the face of challenges, setbacks, and failures, and they are committed to overcoming obstacles.
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A liability created by buying goods or services on credit is typically recorded to:
The term that describes the place to record liability that is been created through buying goods or services on credit is : Accounts payable.
Accounts payable can be regarded as amounts due to vendor/ suppliers for the received service which is on credit.It where the liability created by buying goods or services is been recorded.Therefore, Accounts payable is the correct term.
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Describe how has Manchester United implemented each element of the marketing mix?
Do you think Manchester United has been successful in integrating those components? Why or why not?
How has the marketing mix helped Manchester United in branding their franchise?
The marketing mix at Manchester United was positive and further helped the team create value for consumers and increase their positioning and profitability.
Pricing in Manchester United's marketing mix is premium, which has contributed to the team's image of being one of the most valued today, with loyal fans willing to pay a higher amount to purchase the team's products and services.
Manchester United's product is the team, which sells football shirts all over the world, in addition to having its own television channel where it sells its broadcast to other channels and a product marketing website. There are also ticket sales, partnerships with large companies, etc.
The promotion is carried out through the recognition of Manchester United around the world as one of the most appreciated teams today, with commercial strategies focused on building value through players, who are considered idols, such as Cristiano Ronaldo and Cavani.
Therefore, Manchester United implemented the elements of the marketing mix through a strategy focused on the core product, which is the team, through advertising carried out by the players themselves to sell products associated with the team.
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A store manager paid $181 for an item and set the selling price at $253.40. What was the percent markup
Based on the information given the percent markup is 40%.
Using this Formula
Percent markup=(New price-Old price)/Old price
Where:
New price=$253.40
Old price=$181
Let plug in the formula
Percent markup=( $253.40-$181)/$181
Percent markup=$72.4/$181
Percent markup=0.4 ×100
Percent markup= 40%
Inconclusion the percent markup is 40%.
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identify each political scenario as promoting neoliberal economics, or not.
The examples of neoliberal economic policies include:
The privatization of state-owned infrastructure.Free markets.Reduction of government funding for social services.Neoliberal economic policies are the policies that are used in the elimination of price controls, lowering trade barriers, deregulation of the capital markets, and making use of privatization.
Therefore, examples of neoliberal economic policies are the privatization of state-owned infrastructure, free markets, and the reduction of government funding for social services.
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In terms of organization architecture, _____ refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.
In terms of organization architecture, people refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.
THIS IS FOR ECONOMICS PLEASE HELP ILL GIVE BRAINLIEST
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Compare general, limited, and limited liability partnerships. Formulate reasons as to why a group of prospective partners might choose each.
The best comparison between general, limited, and limited liability partnerships is:
In a limited liability partnership, each partner has a limited risk of losing their personal assets and the partners are not liable to any losses incurred.What is a Business Partnership?}This refers to the relationship between two or more people who have vested interests in a company based on their investment with the aim of making profit after a period of time.
With this in mind, we can see that Limited Liability partnership, is the one which is very common among investors as there is a shared risk among them.
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how do I start my own beauty business
Answer:
You can distribute samples to local makeup artists, launch a promotional blog, send press releases to publications that cover beauty products, or open social networking accounts to introduce your company to new people. invest in beauty and cosmetics brands invest in cosmetics business.
Explanation:
Identify one way Raul could have increased the total amount of money he made over 40 years
Answer:
Maybe by investing his money into a buisness.
Answer:
crypto
Explanation:
cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of cash flows as
The purchase/sale of long-term assets and current investments are classified as Investing activities under the statement of cash flows.
Basically, a cash-flow statement is a financial statement that records the cash and cash equivalent that goes in and out of the business.
The section of the cash-flow statement is divided into:
Operating activitiesInvesting activitiesFinancing activitiesThe Investing activities entails transactions that includes purchase and sale of long-term assets and other business investment.
Therefore, the Investing activities is the answer.
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What is your idea of failure?
Answer:
Personally, failure is the inability to succeed die to the lack of effort. If full effort was given and the best someone could do was done, I don't count it a failure but a growing opportunity or a lesson. However if the lack of success was die to the lack of effort or persistance, I count it a failure. I also think success taken dishonestly or unjustly is considered a failure because rather than benefitinh someone, it is a detriment to their character.
A _____ combines financial measures of past performance with nonfinancial measures of the drivers of future performance to provide management with a road map for creating shareholder value.
a. profit center
b. balanced scorecard
c. cost driver
d. operating budget
Business often uses the balanced scorecard. A balanced scorecard combines financial measures of past performance with nonfinancial measures of the drivers of future performance.
A balanced scorecard is simply regard as a strategy performance management tool. It is known as a thorough structured report, that is used by managers to monitor the execution of activities by the staff within their control.
It is also used to keep track the consequences arising from these actions.It is known also as a management system targeted at translating an organization's strategic goals into a number of organizational performance objectives.
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a respected mit professor had a simple 5-word rule for his classroom, and every company should follow it
The respected MIT Professor who had a simple 5-word rule for his classroom and who advised that companies should follow is Patrick Winston.
Patrick Winston was a respected MIT Professor who had a simple 5-word rule for his classroom. He knew how to speak and get others to listen.
He taught at MIT for fifty years and knew how to captivate his audience. Winston's rule of engagement is an example of emotional intelligence in real life. It's the ability to make emotions work for you.
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50 POINTS
Becky works as a cashier at a local grocery store. The pathway in the human services cluster that Becky works in is:
A. Counseling and Mental health services.
B. Family and community services.
C. Early childhood development.
D. Consumer services.
If you don't know don't answer, I don't want any wrong answers...
Answer:
Becky works as a cashier at a local grocery store. The pathway in the human services cluster that Becky works in is:
I think it's
D. Consumer services.Answer
D have a great day :)
Explanation:
Lauren rents an apartment for $1,000 per month. How much equity will she have built up after living there for two years
Lauren's equity build-up after living there for two years is; 24 × $1,000 = $24,000
By definition:
Equity build-up is the increase in the net ownership value of a property that is achieved by the gradual reduction of the mortgage loan principal that was used for financing its acquisition by the investor.
This gradual reduction of the mortgage loan principal in discuss is achieved by the periodic payments made by the borrower.
In essence, her equity build-up after living there for two years is;
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which term refers to the mix of nations, economies, and cultures?
Answer:
globalization
Explanation: I just took this quiz
Jordynne was the manager of Pets-R-Us, a pet store in Southern Valley Mall. Pets-R-Us had a one-year lease, and rent payments were $2,000.00 per month. Five months into the lease, Jordynne found a better site for the pet store. She notified Southern’s manager, vacated the mall, and moved her store to its new location. After two months, Southern was able to re-lease the premises to another retail store, but at a reduced rent of $1,800.00 per month. If Southern successfully sues Pets-R-Us, Southern will likely receive:_________
Southern is likely to receive $14,000 for damages
A lease such as the one between Jordynne and Southern represents a contract. Due to this, it is expected both parties met the conditions previously agreed. This means:
Jordynne should have stayed in the first site for a year.Southern cannot ask Jordynne to leave the site she rented.In this context, it was Jordynne the one that breached the contract, as a consequence Southern can sue her. In this case, it is expected Jordynne has to pay the rent for the months she was not in Southern Vally Mall.
$2,000 x 7 months (she left in the fifth month) = $14,000
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How soon after entering a company’s office space does a visitor typically develop a judgment about the company?
minutes
seconds
hours
days
A motor vehicle sold on credit to C. Kelly will require which of the following entries:
Debit Purchases, Credit C. Kelly
Debit motor vehicle, Credit C. Kelly
Debit C. Kelly, Credit purchases
Debit C. Kelly, Credit Motor vehicle
When a motor vehicle is sold to C. Kelly on credit, the relevant entries would be Debit C. Kelly, Credit Motor vehicle.
When an item is sold on credit to an entity, that entity becomes an Accounts Receivable. As this is an asset, it is debited when it increases which is the case here with C. Kelly purchasing the car on credit.
The motor vehicle account is an asset and assets are credited when they decrease. By selling the vehicle, the motor vehicle account will be credited to show that motor vehicles have decreased.
In conclusion, the accounting entry for the above scenario would be Debit C. Kelly, Credit Motor vehicle.
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____ are examples of public goods provided by the government. They are accessible to all (even those
who do not pay to use them) and can be used by many people at once.
Roads, mail delivery, and education
Your computer, house, and car
Getting a haircut, eating out, and clothes
100 points & brainliest.
Answer:
A
Explanation:
Answer:
the answer is the first option (A)
Explanation:
varicorp offers employee benefits such as flex-time, sabbaticals, and onsite daycare. varicorp knows its employees have a need for
By offering those things, Varicorp realizes that its employees also require non-monetary compensation.
Non-monetary compensation are those that the company gives its employees outside of the the salaries it pays. Some of these include:
Sabbaticals Onsite daycare centers Flex-timeBy giving these benefits, Varicorp hopes to motivate its employees with more avenues than just income.
In conclusion, Varicorp is using non-monetary compensation.
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economists would describe the u.s. automobile industry as
Answer:
an oligopoly.
Explanation:
Answer:
an oligopoly
Explanation:
Which work value is most likely to be important in a person's career choice?
oA.
preferring a fast-paced environment
oB.
volunteering at the animal shelter
oC.
spending time on social media applications
oD.
being skilled at negotiating and bargaining with people
Answer:
oD. being skilled at negotiating and bargaining with people
what are the effect of enterprise/business on environment? write them
Answer:
Varies
Explanation:
They can go against natural resources.
In your opinion, will social media platforms such as Twitter ever replace newspapers or television news? Why or why not?
Answer: No
Explanation: Because Twitter is a social media and much of the information from it is from actual news sources that are linked or just paraphrased. News tweets you'll see from Twitter and other platforms like Reddit are always from a different source and the people who use these social medias are not always reputable enough for news to actually come from them.
within just a few years of its inception, uber was operating in more than 35 countries around the world. by moving into new markets early, uber hoped to capitalize on
Considering the situation described above, by moving into new markets early, uber hoped to capitalize on the "first-mover advantage."
The first-mover advantage is a term often used in the business or strategy world to describe the company's capacity to be more successful than its competitors due to being the first company to enter the market in a new product category or new location.
Thus, when Uber moves to a new market early in a new country or location where there are no platforms like Uber, it is believed that Uber hoped to capitalize on a first-mover advantage to gain customers and revenues.
Hence, in this case, it is concluded that the correct answer is "first-mover advantage."
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what are the effects of increasing a manager's span of control ?
Answer: Higher average span of control means fewer layers of management within the organization and a relatively flatter organizational structure.
Explanation: This can lead to, Faster decision-making due to fewer levels of approvals required for a specific decision, which allows the company to respond more quickly to business issues.
